User: In the AS/AD model, an expansionary monetary policy has the greatest effect on the price level when it

User: In the AS/AD model, an expansionary monetary policy has the greatest effect on the price level when it
A. increases both nominal and real income
B. increases real income but not nominal income
C. increases nominal income but not real income
D. doesn't increase real or nominal income

Weegy: The answer is A. increases both nominal and real income carlaloo|Points 22|

User: Real gross domestic product is best defined as
A. the market value of intermediate goods and services produced in an economy, including exports
B. all goods and services produced in an economy, stated in the prices of a given year and multiplied by quantity
C. the market value of all final goods and services produced in an economy, stated in the prices of a given year
D. the market value of goods and services produced in an economy, stated in current-year prices

Weegy: c. The market value of all final goods and services produced in an economy stated in the prices of a given year. sar2000|Points 29|

Weegy your answer for this question In the AS/AD model, an expansionary monetary policy has the greatest effect on the price level when it is not correct.. Please revise the question and try again.. A is NOT the answer